I saw Eric’s post and thought, eh, a billion for Mar-a-Lago? I don’t know the ins and outs of real estate but this was my takeaway… The mansion is listed at 62k square feet and sits on 17 acres of ocean front property. Just a quick glance at the going rate of homes in the surrounding area a conservative price of 3500 a square foot seems reasonable for the house itself.

When you consider that .25 acre lots are up for sale for 1.7 million I know I’m on the low end of 2 million an acre for the land. At that point just a lowball value sits somewhere near 250mil and that doesn’t include value based on membership, name recognition, the fact that it’s all one enormous chunk of property etc… I would say a billion is probably exaggerated but it’s probably way into the 9 digits.